Credo Technology Shares Rise After License Agreement With Siemon Co.

Dow Jones

Nov 24

By Chris Wack

Credo Technology Group Holding shares were trading 11% higher, at $147.98, after the company said it has reached a license agreement with The Siemon Co. related to Credo's patents covering its active electrical cable technology.

The technology company said the terms of the agreement are confidential.

The stock hit its 52-week high of $193.50 on Oct. 31, and is up 221% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

November 24, 2025 10:30 ET (15:30 GMT)

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